February 20 - The ASCO Group, an international oil and gas service company, has signed an agreement with Brazilian logistics firm LLX to support the development of Acu Superport.
The USD2.5 billion Acu Superport - just north of Rio de Janeiro at São João da Barra - when completed will be able to handle 350 million tonnes-a-year of exports and imports, and will rank among the top three largest ports in the world.
ASCO has been tasked with the design and operation of facilities at the port that will support oil and gas exploration and production.
Acu Superport is expected to be operational in the first half of 2014.
